United Electrotex Private Limited
About United Electrotex Private Limited
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United Electrotex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31101KA1991PTC012477. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.03 Lakh. It is led by directors Ballapuram Susainathan Peter (Whole-Time Director) and Akilandam Kuppuswamy.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 72/1A Nagawara Main Road Arabic College Post Thanisandra, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2018, the company reported a revenue of ₹16,914, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹95,258 and EBITDA of -₹94,829. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years.
As per MCA filings, the company has open charges of ₹9.07 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
United Electrotex Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address72/1A Nagawara Main Road Arabic College Post Thanisandra, Bangalore, Karnataka, India – 560045
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of United Electrotex Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of United Electrotex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of United Electrotex Private Limited, buy the company report.
Financials of United Electrotex Private Limited
FY 2018 filings availableUnited Electrotex Private Limited reported revenue of ₹16,914 (down 94% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 91% over three years, including a 94% fall in the latest year. EBITDA fell 140% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹16,914 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹94,829 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹95,258 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of United Electrotex Private Limited, buy the company report.
Board of directors of United Electrotex Private Limited
United Electrotex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ballapuram Susainathan Peter Also directs: Grandeur Wear Private Limited | Whole-Time Director | 06 Nov 1991 | 35 Years 0 Months | Current |
| Akilandam Kuppuswamy | Director | 10 Jan 2005 | 21 Years 9 Months | Current |
Auditor
United Electrotex Private Limited is audited by PRAKASH & THIAGARAJAN for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH & THIAGARAJAN | FY 2018 | 002724S |
Shareholding
The shareholding of United Electrotex Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of United Electrotex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2005 | 90198588 | Canara Bank | ₹45 Lakh | Open | |
| 21 Jul 2000 | 90197789 | Canara Bank | ₹4.8 Lakh | Open | |
| 28 Aug 1999 | 90197590 | Canara Bank | ₹4.65 Cr | Open | |
| 11 Jan 1995 | 90196802 | Canara Bank | ₹8 Lakh | Open | |
| 11 Jan 1995 | 90198792 | Canara Bank | ₹8 Lakh | Open |
To see the full charge records of United Electrotex Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
United Electrotex Private Limited has 6 court cases on record: 1 filed by United Electrotex, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Nandu Fashions (Computerized Embroidery) | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Nandu Fashions (Computerized Embroidery) | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, Rangareddy, Telangana | Court case (AS) | Filed by the company against Electronic Corporation of India Ltd | Disposed |
To see the full case history of United Electrotex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for United Electrotex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
United Electrotex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of United Electrotex Private Limited, buy the company report.
Recent activity
United Electrotex Private Limited has 2 board changes on record since 1991: 2 appointments. The latest: Akilandam Kuppuswamy was appointed as Director on 10 Jan 2005.
8 earlier events are in the company report.
Frequently asked questions
United Electrotex is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 November 1991 (35+ years old) and is registered under CIN U31101KA1991PTC012477.
United Electrotex has 2 current directors:
- Ballapuram Susainathan Peter - Whole-Time Director
- Akilandam Kuppuswamy - Director
The latest financial statements of United Electrotex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. United Electrotex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of United Electrotex is U31101KA1991PTC012477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
United Electrotex has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
United Electrotex was incorporated on 06 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Akilandam Kuppuswamy was appointed as Director on 10 Jan 2005. Ballapuram Susainathan Peter was appointed as Whole-Time Director on 06 Nov 1991.
The registered office of United Electrotex is at 721A Nagawara Main Road Arabic College Post Thanisandra, Bangalore, Karnataka, India – 560045.
United Electrotex operates in the financial services industry, in the diversified financial services segment.
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